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paul ryan said basically not so charming. the president making certain democrats know that he may be in this same room with republicans from time to time, but he is not really negotiating. >> if their position is we can't do any revenue or we can only do revenue if we get medicare or get social security or get medicaid, if that is the position that we're probably not going to be able to get a deal. lou: getting social security and medicare? mr. president, such language. in your second term? you have been doing this for four years and that's the best you could do with the rhetoric? we have been led by your performance to expect more and better by now. the truth is, the truth, as you well know, republicans are not getting a thing. and we will show you just how that works. it is really simple and will set your mind at ease, mr. president. the ryan budget does not get anything. it raises spending. not a dime. not a dime. it raises spending cuts is not as quickly as current law. the budget committee chairman would increase spendin
paul ryan said basically not so charming. the president making certain democrats know that he may be in this same room with republicans from time to time, but he is not really negotiating. >> if their position is we can't do any revenue or we can only do revenue if we get medicare or get social security or get medicaid, if that is the position that we're probably not going to be able to get a deal. lou: getting social security and medicare? mr. president, such language. in your second...
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so paul ryan's budget, and, i do like it. it slows, it doesn't actually cut spending over a 10-year window. i wish we could do that. but by slowing it to about 3 to 3.5% growth he is able to bring spending down as a share of gdp. and that will lead to a stronger economy and more employment. so i really like the budget. i like the direction. and i hope it does unchange the debate in washington. melissa: kevin, do you agree with that, by definition the largerhe government is the smaller the private sector is, everydollar they spend came from somewhere? >> sure in the long run that is absolutely true. there have been a lot of studies thathow the big government countries grow a lot slower an that smaller government countries. absolutely. if we get government under control we would ratchet up the forecast. that is what mr. ryan is trying to do. i think the problem the democrats will have they will put out a budget maybe matches presiden obama's rhetoric and has a lot of tax increases in it. that will cause a lot of democrats to be
so paul ryan's budget, and, i do like it. it slows, it doesn't actually cut spending over a 10-year window. i wish we could do that. but by slowing it to about 3 to 3.5% growth he is able to bring spending down as a share of gdp. and that will lead to a stronger economy and more employment. so i really like the budget. i like the direction. and i hope it does unchange the debate in washington. melissa: kevin, do you agree with that, by definition the largerhe government is the smaller the...
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ryan. >> big differences from paul ryan's plan. this would fully replace the automatic spending cuts known as sequestration. it would spend or in vest in things like education, job training, infrastructure. they are calling for new tax revenue. leading senate republicans say that democrats are obsessed with raising taxes. >> what we are putting forth is own additional trillion dollars in taxes. they haven't said how they will do that, and that is on top of the $600 billion in revenue that came from the fiscal cliff. then you're 1. put the obamacare taxes on top of it. >> reporter: she says although she disagrees with the democrat's philosophy and their approach is glad they are doing one for the first time, a budget for the first time in four years. martha: how about the other side, mike? what is the argument in favor of senator patti murray's plan? >> reporter: essentially what they are saying is that it would be a balanced approach to essentially fixing a lot of the fiscal problems that our country is facing. they are accusing re
ryan. >> big differences from paul ryan's plan. this would fully replace the automatic spending cuts known as sequestration. it would spend or in vest in things like education, job training, infrastructure. they are calling for new tax revenue. leading senate republicans say that democrats are obsessed with raising taxes. >> what we are putting forth is own additional trillion dollars in taxes. they haven't said how they will do that, and that is on top of the $600 billion in...
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paul ryan released his budget earlier this week. the democrats followed yesterday with their own version. but what about president obama? we've seen no budget from the white house, despite a legal requirement that the budget be submitted to congress by the first monday in february. all rise, he's here, the judge andrew napolitano. is that a law? >> yes, it's a federal statute that congress imposed upon the -- itself and the president. it doesn't have to generate with the president. it could generate with someone in the house. it could generate with someone in the senate, but it's a statute that must be enacted. the budget is a statute that congress enacts on the president and signs into the law. the congress has imposed upon itself to do it by the first monday of february. stuart: that's flat out breaking the law. what's the penalty? >> nothing. when you or i or charles or liz or anybody watching us breaks a law, there's a consequence. when congress breaks its own laws that it imposes upon itself, there's no consequence. there's no
paul ryan released his budget earlier this week. the democrats followed yesterday with their own version. but what about president obama? we've seen no budget from the white house, despite a legal requirement that the budget be submitted to congress by the first monday in february. all rise, he's here, the judge andrew napolitano. is that a law? >> yes, it's a federal statute that congress imposed upon the -- itself and the president. it doesn't have to generate with the president. it...
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congressman paul ryan put forth his latest budget proposal with a ban to balance the nation's books in a decade by scrapping the affordable care act. aka obama care. slashing medicaid and medicare. he has challenged president obama to put rth to his own proposal. but the president said that he has other priorities. >> my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work. if we do that, we'll be bringing in more revenue. if we've controlled spending and we've got a smart titlement package, then potentially what you have is balance. but it is not ballot backs of the poor, the elderly, the students who need student loans, families who got disabled kids. >> what do you think? how important is a balanced budget in the near term? in the next decade when it comes to the health of the economy? you can weigh in on the "nightline" page. hope you check out gma. more of the president's interview in the morning. see you tomorrow.
congressman paul ryan put forth his latest budget proposal with a ban to balance the nation's books in a decade by scrapping the affordable care act. aka obama care. slashing medicaid and medicare. he has challenged president obama to put rth to his own proposal. but the president said that he has other priorities. >> my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work. if we do that, we'll be bringing in...
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look at the paul ryan side of it, the makers versus takers rhetoric before. look at the budget. this is a budget line item by line item that is consistent with the message romney was delivering in the 47% tape. this is fitting the social safety net, voucherizing medicare, shipping back aid to the poor to the states, massive tax cuts for the wealthy. the very sort of thing that was supposed to be the dividing line between obama and between the republicans in the election last year. the thing with the election was supposed to settle. as you say, this is basically, with a few cynical accounting tweaks, this is basically the same thing paul ryan put out in 2011 and 2012. >> what about the smaller stuff that is surfacing at the same time? what do you make of the resurfacing of the obama welfare lie and the legislation that passed in the house today, the free obama phone lie and the other particularly racially charged elements of the republican thesis from the campaign that democratic voters are moochers. >> if you look at the map, if you look at it nationally, there are enough votes
look at the paul ryan side of it, the makers versus takers rhetoric before. look at the budget. this is a budget line item by line item that is consistent with the message romney was delivering in the 47% tape. this is fitting the social safety net, voucherizing medicare, shipping back aid to the poor to the states, massive tax cuts for the wealthy. the very sort of thing that was supposed to be the dividing line between obama and between the republicans in the election last year. the thing...
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the president sitting down with paul ryan at the white house for the first time ever is progress. and there are some signs some republicans think it's really genuine. i guess there have been follow up made by the white house chief of staff following up on the president's calls and initial conversation. all of this is good. you have to keep in mind how poisoned the well has been. the president's strategy has been demonizing house republicans. that's a strategy. you can see why republicans are cautious about this. i would say cautiously optimistic but that may be a stretch too far. the other thing that is important to remember, tone comes from the top. what republicans need to see, too, is the president's deputies and senior staff reiterating this goodwill. when you have dan pfeiffer go on television, the white house communique, it doesn't reverberate this goodwill. it undermines the president's tone. you have to take it on balance. the president deserves credit for reaching out to the hill. >> it is an incredible sign of the times that any kind of outreach, having a meal with a rep
the president sitting down with paul ryan at the white house for the first time ever is progress. and there are some signs some republicans think it's really genuine. i guess there have been follow up made by the white house chief of staff following up on the president's calls and initial conversation. all of this is good. you have to keep in mind how poisoned the well has been. the president's strategy has been demonizing house republicans. that's a strategy. you can see why republicans are...
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this year's paul ryan budget exact copy of the last two paul ryan budgets. it guts medicaid turns medicare into a voucher program. it gives the wealthiest of americans yet another tax break and it repeals obamacare. it will get passed by the house. it will go nowhere in the senate. it is dead on arrival. but the republicans keep putting this out there. we will tell you about that and, of course, take your calls and get you a chance to get involved in the conversation. give us a call on our toll-free line at 866-557-7377. did we tell you? it looks like there was life on mars. whoa! coming up on current tv. [ music ] (vo) current tv gets the converstion started weekdays at 9am eastern. >> i'm a slutty bob hope. >> you are. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. this show is about ana
this year's paul ryan budget exact copy of the last two paul ryan budgets. it guts medicaid turns medicare into a voucher program. it gives the wealthiest of americans yet another tax break and it repeals obamacare. it will get passed by the house. it will go nowhere in the senate. it is dead on arrival. but the republicans keep putting this out there. we will tell you about that and, of course, take your calls and get you a chance to get involved in the conversation. give us a call on our...
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the paul ryan plan on its own would not be signed by president obama, would not pass the senate, burt it will pass the house. >> shepard: mike, thank you. meantime, something about our economy does not add up. we all know that. the latest government numbers show consumers spending grew at a strong pace. that's great because consumer spending counts for 70% of the total economic activity. here's the weird part. we're not seeing the expected comparable rise in our paychecks. we're spending more but no making more, and we're not spending more on credit cards. in fact the expert said the payroll tax hike would slow spending. it did not. so what is this? and rick suggests that more americans are taking advantage of the underground economy, earning and spending cash off the books to avoid taxes or other regulations. rich is with us know. the chief been the correspondent for u.s. news and world report. at it the worst kept secret in the nation there is an enormous underground economy where people get paid cash and don't get benefits. it's a cash world. >> some of that is a constant. we know
the paul ryan plan on its own would not be signed by president obama, would not pass the senate, burt it will pass the house. >> shepard: mike, thank you. meantime, something about our economy does not add up. we all know that. the latest government numbers show consumers spending grew at a strong pace. that's great because consumer spending counts for 70% of the total economic activity. here's the weird part. we're not seeing the expected comparable rise in our paychecks. we're spending...
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. >>> congressman paul ryan talked about his plan for balancing the budget. ryan said a balanced budget would make a difference, far beyond just crunching numbers. >> but the crucial question isn't how we balance the budget, it's why. the budget is a means to an end. we are not balancing the budget as an accounting exercise. we're not trying to simply make numbers add up. we're trying to improve people's lives. >> ryan's proposal includes a repeal of the obama health care plan and makes dramatic changes to medicare through those changes -- though those changes wouldn't affect current enrollees. >>> at cpac this weekend, rand paul won with 25% of the vote. senator marco rubio was a strong second at 23%. rick santorum was next and then governor chris christie. and ryan is in sixth place. senator paul benefited from his 13-hour filibuster. his dad won the straw pal in 2010 and 2011. >>> sarah palin she still knows how to fire up the conservative faithful at cpac. she urged conservatives to reach out to their friends and neighbors even those who disagree with the
. >>> congressman paul ryan talked about his plan for balancing the budget. ryan said a balanced budget would make a difference, far beyond just crunching numbers. >> but the crucial question isn't how we balance the budget, it's why. the budget is a means to an end. we are not balancing the budget as an accounting exercise. we're not trying to simply make numbers add up. we're trying to improve people's lives. >> ryan's proposal includes a repeal of the obama health care...
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the new budget plans from democrats and paul ryan may as ll be written in difrent languages. are they far away from a compromise? a ranking member of the house budget committee joins me. that is coming up next. the judge put the kaj bosch. not jumping for joy. a top executive for the white castle burger chain is here to explain. pile of "money" coming up. ♪ man: ♪ all in together now ♪ we can make it better, can we do it? ♪ ♪ we'll rope up chorus: ♪ 'cause we know how to jump ♪ ♪ we'll cut it down ♪ 'cause we know what to eat ♪ announcer: moving a little and eating better every day can help make you and your child healthier. search "we can" to find out more. ♪ melissa: take that comair bloomberg. a judge overturns new york city mayor michael blumberg's planned ban on large share greece sodas. well he may find that hard to swallow, i say let freedom ring. businesses that would have meant -- would have been impacted have already spent the money preparing for it which could have been spent on jobs, expansion. what has been the real cost to businesses? white
the new budget plans from democrats and paul ryan may as ll be written in difrent languages. are they far away from a compromise? a ranking member of the house budget committee joins me. that is coming up next. the judge put the kaj bosch. not jumping for joy. a top executive for the white castle burger chain is here to explain. pile of "money" coming up. ♪ man: ♪ all in together now ♪ we can make it better, can we do it? ♪ ♪ we'll rope up chorus: ♪ 'cause we know how to...
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paul ryan scored the tax revenues in his budget. you know why? because they are going perm for a while. that's not such a bad thing. i didn't like the tax hike. i never like tax hikes. i'm a flat tax guy. wh but what is done is done. let's leave it alone and go to corporate tax reform. you should have heard these ceos. that's what they are talking about. that includes oil put it to you michael steele repatriating a couple million dollars that's sitting overseas. that's where the customers are. when they bring the money back they shouldn't have to pay a penalty. >> incentivize them to bring the money home, baby. >> you buy into that -- >> that flood opens up a whole lot of gates here. >> free investment money. >> i'm in favor of amnesty for those trillions and bringing them home and in favor of immigration reform. authors consistent positions. >> i'm in favor of immigration reform. >> not you but some of my friend on the republican side. >> the right kind of immigration reform. >> amnesty for everyone. >> candice miller you were great to help us o
paul ryan scored the tax revenues in his budget. you know why? because they are going perm for a while. that's not such a bad thing. i didn't like the tax hike. i never like tax hikes. i'm a flat tax guy. wh but what is done is done. let's leave it alone and go to corporate tax reform. you should have heard these ceos. that's what they are talking about. that includes oil put it to you michael steele repatriating a couple million dollars that's sitting overseas. that's where the customers are....
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they support congressman paul ryan's budget proposal which seeks to balance a budget without any new taxes, only spending cuts. it also calls for repealing president obama's healthcare overhaul, something that democrats say, well, frankly, it can't happen. mike emanuel with the news live on capitol hill tonight. it was the democrat's turn. what did they say. >> the white house put out a statement concrete plan boost the economy and reduce deficits. today the chairman of the senate budget committee made her pitch. >> our budget reflects the pro-growth, pro-middle class agenda that the american people went to the polls of in support of in the last election. and i believe it is is a strong and responsible vision for building a foundation for growth and restoring the promise of american opportunity. >> though senator murray and white house like it not clear how senate democrats up for re-election 2014 will feel about voting on another 1 trillion-dollar tax increase. shep? >> shepard: we heard today from com ryan. he is contrasting the house g.o.p. budget with the senate plan. >> that's r
they support congressman paul ryan's budget proposal which seeks to balance a budget without any new taxes, only spending cuts. it also calls for repealing president obama's healthcare overhaul, something that democrats say, well, frankly, it can't happen. mike emanuel with the news live on capitol hill tonight. it was the democrat's turn. what did they say. >> the white house put out a statement concrete plan boost the economy and reduce deficits. today the chairman of the senate budget...
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they approved paul ryan's blue print plan that would balance a budget in a decade with $4.6 trillion worth of cuts. the house will consider it on the floor next week. republicans say the debt needs to be handled with more urgency. >> my view is, i think he and many like him, many democrats on capitol hill for that matter don't think of this as a debt crisis because things haven't imploded yet. it's not a question of if it's a question of when. >> on wednesday patty murray has a plan that leaves the country $556 billions in shortfalls. after ten years the president will be back meeting with house republicans. >> thanks so much elizabeth. >>> it is now 17 minutes after the hour. coming up on "the rundown"" do you want to get hired? cheryl casone is here to help you get pooir hired. >> share something really caring. what she gave her classmates that probably made her one of the most popular girls in school. >> it is 21 after the hour. new information on a dead licks employings in a restaurant in kansas city last night. the tragedy came one hour after construction crews hit the gas flier
they approved paul ryan's blue print plan that would balance a budget in a decade with $4.6 trillion worth of cuts. the house will consider it on the floor next week. republicans say the debt needs to be handled with more urgency. >> my view is, i think he and many like him, many democrats on capitol hill for that matter don't think of this as a debt crisis because things haven't imploded yet. it's not a question of if it's a question of when. >> on wednesday patty murray has a plan...
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paul ryan's fantastic math goes up against patty murray's fiscal blueprint. ezra klein will be back with jared bernstein, and after that, john mccain emerges as a compassionate voice on immigration and rnc's chairs reince priebus. >>> and we'll discuss a any h bflt o documentary that looks at our endangered middle-class. all that and more in just 180 seconds. so if you have a flat tire, dead battery, need a tow or lock your keys in the car, geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what do you think? geico. fifteen minutes could save you fifteen percent or more on car insurance.
paul ryan's fantastic math goes up against patty murray's fiscal blueprint. ezra klein will be back with jared bernstein, and after that, john mccain emerges as a compassionate voice on immigration and rnc's chairs reince priebus. >>> and we'll discuss a any h bflt o documentary that looks at our endangered middle-class. all that and more in just 180 seconds. so if you have a flat tire, dead battery, need a tow or lock your keys in the car, geico's emergency roadside assistance is...
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they're expected to vote today on congressman paul ryan's plan. the house budget plan that he has proposed looks to balance the budget over the next 10 years by repealing president obama's health care law and creating a vouch every-like model for medicare. it also calls on lawmakers to address the issue of social security. something paul ryan talked about quite a bit. bret baier, anchor of "special report" joins us live. good morning, bret. >> good morning, martha. martha: what are we watching on the floor of the house today and what do we expect from the paul ryan vote? >> they expect this will pass. republicans probably don't have a lot of votes, the window that they will probably pass it by won't be probably that many. they can only afford 15 defections on this vote in order to get it through because all of the house democrats are expected to vote no, like they did last time. if the last time the paul ryan budget made it through, they had 10 house republican defections. this time they can only afford to lose 15 in order to get it passed. it is
they're expected to vote today on congressman paul ryan's plan. the house budget plan that he has proposed looks to balance the budget over the next 10 years by repealing president obama's health care law and creating a vouch every-like model for medicare. it also calls on lawmakers to address the issue of social security. something paul ryan talked about quite a bit. bret baier, anchor of "special report" joins us live. good morning, bret. >> good morning, martha. martha: what...
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even under paul ryan's budget, which he just came out with, i guess today, spending there increases 3 #-4% a year. spending's not cut or raibed in. the other point is we want to shift money from the private -ector to the public sector, and, yet, the boom years, under both reagan and clinton saw them reduce government spending as a percentage of the gdp. it was only george bush that things ramped up and things flat lined as they have since obama's been in office. neil: peter, what's to stop nip in the white house from looking at the markets, looking at the improvin economic status, not across the board, but enough of the board to feel we run the spending board, keep doing what we are doing because, obviously, it's working. look at those markets. what do you think? >> what's going to stop them is voters, for one thing, and house republicans fornother who basically said they're not in the mood for any kind of tax hikes right now, and, you know, patty murray's budget raises about a trillion dollars, and all else being equal, raising tax revenue, you raise taxes crowds out private investme
even under paul ryan's budget, which he just came out with, i guess today, spending there increases 3 #-4% a year. spending's not cut or raibed in. the other point is we want to shift money from the private -ector to the public sector, and, yet, the boom years, under both reagan and clinton saw them reduce government spending as a percentage of the gdp. it was only george bush that things ramped up and things flat lined as they have since obama's been in office. neil: peter, what's to stop nip...
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democrats clearly do not like the paul ryan house republican budget proposal. so what is their approach? >> reporter: well they are saying essentially that paul ryan is too extreme harsh. they continue calling for new tax revenue which we see in the patty murray budget blueprint. on budgetary issues, president obama talking to supporters last night sounded upbeat. >> when it comes to issues of the budget we've made progress in making sure that those at the very top are paying a greater share of what is required to run a government, fund base being research, move education forward. and so we've seen some progress. >> reporter: day three in a row, president obama coming to capitol hill today to meet with senate republicans and house democrats. democrats not liking so much some of the offers that he it making for a big deal and republicans want him to give up the idea of new taxes, martha. martha: boy, here we go. mike, thank you very much. bill: in meantime the 1st of april is the deadline for the senate to present a budget resolution but often times deadlines do
democrats clearly do not like the paul ryan house republican budget proposal. so what is their approach? >> reporter: well they are saying essentially that paul ryan is too extreme harsh. they continue calling for new tax revenue which we see in the patty murray budget blueprint. on budgetary issues, president obama talking to supporters last night sounded upbeat. >> when it comes to issues of the budget we've made progress in making sure that those at the very top are paying a...
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here's what paul ryan wants to do. number one, he wants to return the work requirement and the time limit. in other words, you can't sit back take the food forever. got to get out there and work for it. number two, he would give block grants to the states. say here, you run the food stamp program. here's how much money you're going to get. do with it what you like. i think, number three, most important, he would return morality to the food stamp program because he would use it as a way to get people out of poverty as opposed to locking them in. i think that's a very moral position to take. >>brian: it becomes a word game. that is why it isn't getting anywhere. republicans don't like poor people. they're trying to take food stamps away as opposed to working through the problem. >> that is how it gets demagogued to death. we're signing up 3,545 people every single day to get on food stamps. you present that number, those facts, and you also say all we're doing is taking the food stamp program back to bill clinton's day w
here's what paul ryan wants to do. number one, he wants to return the work requirement and the time limit. in other words, you can't sit back take the food forever. got to get out there and work for it. number two, he would give block grants to the states. say here, you run the food stamp program. here's how much money you're going to get. do with it what you like. i think, number three, most important, he would return morality to the food stamp program because he would use it as a way to get...
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. >> president obama in washington and green energy and on the other side is congressman paul ryan and our exploding debt. we have our reporter from washington, dc. >> rive paul ryan took to the stage on friday bringing a very serious focused tone dug the 15 minute speech saying and i quote, "a debt crisis would be more than an economic event but it would be a moral failure." he debuted the budget plan wants to cut $4.6 trillion the next decade and he wants to cut obamacare. he said the debt will weigh down the country. >> unemployment is 7.7 percent. 46 million people are living in poverty today in america. the president says we are in a recovery. i say we are in critical care. >> things will be worse. by the end of 2023, the economy will be at a crawl. we will have $8 trillion added to the debt. >> in a trip to a national laboratory outside of chicago, the president made a number of very light-hearted comments about the impact of the sequester. the speech went on to focus on the energy proposal. >> those who have chairs, lease feel free to sit down, everyone was standing and i though
. >> president obama in washington and green energy and on the other side is congressman paul ryan and our exploding debt. we have our reporter from washington, dc. >> rive paul ryan took to the stage on friday bringing a very serious focused tone dug the 15 minute speech saying and i quote, "a debt crisis would be more than an economic event but it would be a moral failure." he debuted the budget plan wants to cut $4.6 trillion the next decade and he wants to cut...
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president obama says we're not facing an immediate debt crisis and john boehner and paul ryan, they agree with it. debt crisis? and what do you think. and joining us here in new york, welcome back to the program. >> thank you very much. stuart: do you think we have an immediate debt crisis on our hands? >> i think we have an immediate need to act. we can see a debt crisis coming in the future and acting now will make it responsible. stuart: what do we need to do. >> reduce the debt over the long-term and recognize what the spending is that's driving that. mandatory spending on entitlement programs that are causing our debt. and as chairman ryan said, it's the most predictible crisis. american action forum strongly supports the ryan plan. >> we ran the numbers on the budget consistent with the principles in the house proposal and we saw that you get stronger growth, more jobs now, it's the responsible thing to do for the economy and sustains the viability of the safety net program. stuart: that's the exact opposite of what the president and the much of the left is saying. they're saying, y
president obama says we're not facing an immediate debt crisis and john boehner and paul ryan, they agree with it. debt crisis? and what do you think. and joining us here in new york, welcome back to the program. >> thank you very much. stuart: do you think we have an immediate debt crisis on our hands? >> i think we have an immediate need to act. we can see a debt crisis coming in the future and acting now will make it responsible. stuart: what do we need to do. >> reduce the...
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Mar 21, 2013
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they have approved paul ryan's budget that would balance over the next ten years. let's start with the continuing resolution to keep the government open for the rest of the year. it does not stop the sequester, but does give the pentagon the way to implement them. this would repeal obamacare to save about $1.5 trillion. it would budget additional spending cuts totaling about 5 trillion over ten years. this is just a blueprint. it is dead on arrival over in the senate. now, the president will be releasing his budget sometime next month. two months late one republic leader noted in this air of arch madness. >> we still have no budget from the president in violation of the law. he gets his ncaa bracket in on time, but still no budget. this is the fourth time. >> it is founded on the failed idea that giving another round of tax cuts will somehow triple down and lift up all the other boats. we know that has not worked. peter: the senate starts its votes on its budget tomorrow. i will start here before i talk about easter bunnies and march madness. connell: we do not wan
they have approved paul ryan's budget that would balance over the next ten years. let's start with the continuing resolution to keep the government open for the rest of the year. it does not stop the sequester, but does give the pentagon the way to implement them. this would repeal obamacare to save about $1.5 trillion. it would budget additional spending cuts totaling about 5 trillion over ten years. this is just a blueprint. it is dead on arrival over in the senate. now, the president will be...
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the paul ryan voucher aapproach is destructive of medicare. there are ways to approach it to reduce the cost of medical care and still keep our promise to seniors across america. >> chris: part of the problem in the debate is that the parties seem to be disagreeing about the importance of dealing with our national debt. i want to play what president obama said this week and also what he said back as a candidate in 2008. take a look. >> we don't have an immediate crisis in terms of debt. in fact, for the next ten years it is going to be in a sustainable place. >> we now have over $9 trillion of debt that we are going to have to pay back. $30,000 for every man, woman and child. we havthat is irresponsible. it is unpatriotic. >> chris: senator durbin, when candidate obama said that our national debt was $9 trillion. it is now $16 trillion. so the question is if it was unpatriotic at $9 trillion, is it sustainable at $16 trillion? >> chris, here is is the good news. we reduced the long-term deficit by about $2.4 trillion including only $600 billio
the paul ryan voucher aapproach is destructive of medicare. there are ways to approach it to reduce the cost of medical care and still keep our promise to seniors across america. >> chris: part of the problem in the debate is that the parties seem to be disagreeing about the importance of dealing with our national debt. i want to play what president obama said this week and also what he said back as a candidate in 2008. take a look. >> we don't have an immediate crisis in terms of...
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paul ryan's budget by contrast has $4.6 trillion in spending cuts, these two are a long way apart. connell: it doesn't seem like something like that would actually happen. >> there is a lot more, so long as the president will publicly commit himself and liberate the democrats in the senate to carry forward on some of the spending cuts, i don't see it happening. dagen: the president and the democrats have firmly stood beside any excuse, the impact government spending has an economic growth, which you have found a load of economists that he says that you can write your deficit, you can right the deficit. it doesn't involve massive tax increases and you have to cut spending. speak of the democratic idea is if you increase public spending it revived the economy, that is the kantian idea. he is an economist and he is well known in the circle, he and his colleagues spending the last 10 years looking at 17 countries and what they have done with the budget over 30 years, they simply wanted to find out what works and their analysis concludes what works is spending cuts. your economy will re
paul ryan's budget by contrast has $4.6 trillion in spending cuts, these two are a long way apart. connell: it doesn't seem like something like that would actually happen. >> there is a lot more, so long as the president will publicly commit himself and liberate the democrats in the senate to carry forward on some of the spending cuts, i don't see it happening. dagen: the president and the democrats have firmly stood beside any excuse, the impact government spending has an economic...
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stuart: breaking news, the house just voted to approve the paul ryan budget, goes to the senate where doesn't have a prayer of going anywhere. they don't say the house will probably approve a continuing resolution which would keep the government running and open until september. liz: i think the american people are really tired of it. go do your day job and pass a budget and get your fiscal house in order. stuart: we will do it again today. charles, we will make money with a company i have been to know. charles: you know this one pretty well. stuart: i do. charles: you were not there when i started the company? stuart: get on with it. charles: it is an amazing thing. not the sexiest areas in the world, but two of the hottest growing, the numbers have been phenomenal, a new facility down in brazil taking in the latin america market. the margins on food services like cooking, ice cube machines. these are industrial slate mcdonald's. absolutely huge. stuart: they make gigantic cranes and then food equipment. charles: that started in world war ii, but it worked out well for them, on the c
stuart: breaking news, the house just voted to approve the paul ryan budget, goes to the senate where doesn't have a prayer of going anywhere. they don't say the house will probably approve a continuing resolution which would keep the government running and open until september. liz: i think the american people are really tired of it. go do your day job and pass a budget and get your fiscal house in order. stuart: we will do it again today. charles, we will make money with a company i have been...
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. >> let me challenge you on this point because here is paul ryan this week, and he laid out very clearly what he thought the job was. let me play that. >> we think we owe the country a balanced budget. we think we owe the country solutions to big problems that are plaguing our nation -- a debt crisis on the horizon, a slow-growing economy, people trapped in poverty. we're showing our answers. >> right, but the answers rely on $700 billion in savings from interest. most of the deficit reduction comes from repealing the president's health care reform, which nobody thinks is going to happen. so how seriously should this be viewed as a roadmap for a balanced budget? >> it should be very serious, because budgets -- >> you're not going to repeal obama care. >> budgets are blue prints and priorities. we lay out. we think obama care should be repealed. the majority of americans agree with us. but we also think tax reforms should happen so you can grow the economy. if you allow these debts to continue to grow, they crowd out the private sector, crowd out the opportunity for small businesses to gr
. >> let me challenge you on this point because here is paul ryan this week, and he laid out very clearly what he thought the job was. let me play that. >> we think we owe the country a balanced budget. we think we owe the country solutions to big problems that are plaguing our nation -- a debt crisis on the horizon, a slow-growing economy, people trapped in poverty. we're showing our answers. >> right, but the answers rely on $700 billion in savings from interest. most of the...
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paul ryan supposedly would put $41 trillion. paul ryan says we should increase spending by 3.5% every year and the senate democrats say 5%. that's hardly cutting spending. >> okay. you've seen sort of what the conversation is like on capitol hill or going to be like today. on to topic two. lawmakers in mississippi are saying nanny bloomberg do not mess with us. mississippi has passed a bill to prevent any ban on large sodas dubbed the anti-bloomberg bill. this after a new york judge struck down the mayor's soda ban. mayor bloomberg's soda ban, that is. perhaps understandable, except mississippi is the fattest state in the nation with a 35% obesity rate. so the question, is mississippi's antibloomberg bill a good idea? >> i think it's more symbolic than anything else. the fact of the matter is that chronic disease is really the driver of health care costs in this country. if you look at in the uny that we're spending at the federal government, you're looking at about 75 cents out of every health care dollar is going to chronic di
paul ryan supposedly would put $41 trillion. paul ryan says we should increase spending by 3.5% every year and the senate democrats say 5%. that's hardly cutting spending. >> okay. you've seen sort of what the conversation is like on capitol hill or going to be like today. on to topic two. lawmakers in mississippi are saying nanny bloomberg do not mess with us. mississippi has passed a bill to prevent any ban on large sodas dubbed the anti-bloomberg bill. this after a new york judge...
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he is interested in public service, engaging with politicians, he's friendly with paul ryan. he was the archbishop in milwaukee. he spoke at both conventions this past year. he was doubted as a papal -- he was even touted as a papal contender. i think with francis, larry is right, it doesn't make since to compare him to pennsylvania's bob casey. it is a wonderful moment for catholics worldwide to celebrate the new pope, he chose the name francis and to make it about american politics, no thanks. >> i want to remember that. he said i was right. >> you don't hear that a lot, do you? >> let me tell you about chris matthews. years ago when he was doing "hardball" and he did not know who i was. he had me on the show and one time we were taking a break to go to the men's room. >> i like where this story is going. >> you people "the washington times" don't know how conservative i am. [laughter] don't let it go beyond this room. he was assigned to sell himself to me as a conservative. the guy you know for the last 10 years is what, probably the most liberal -- >> well, he hangs out i
he is interested in public service, engaging with politicians, he's friendly with paul ryan. he was the archbishop in milwaukee. he spoke at both conventions this past year. he was doubted as a papal -- he was even touted as a papal contender. i think with francis, larry is right, it doesn't make since to compare him to pennsylvania's bob casey. it is a wonderful moment for catholics worldwide to celebrate the new pope, he chose the name francis and to make it about american politics, no...
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every year under paul ryan's budget, it just doesn't increase as fast as the democrat's budget. the federal reserve came out with a report that talks about the impact of the health care law on the economy and on jobs. and it is hurting jobs. this is the federal reserve in their monthly report. talking about the bad impact of the health care law, because of the consequences within the law so businesses, due to the uncertainty, aren't hiring. when they do hire, they are hiring part-time workers instead of full-time workers and that's why we're still at almost 8% unemployment in this country. >> can i ask you a quick question before i let you go? you are a featured speaker at cpac. two big noninvites are chris christie and bob mcdonnell. what do you make of the omissions? >> i'm not on the committee. >> i know. but what do you make of it? >> i am delighted to be invited. this is the next generation, a youthful crowd, and i'm looking forward to visiting with them on the issues of health occasicare. very devastating for young americans as they start suffering the consequences and exp
every year under paul ryan's budget, it just doesn't increase as fast as the democrat's budget. the federal reserve came out with a report that talks about the impact of the health care law on the economy and on jobs. and it is hurting jobs. this is the federal reserve in their monthly report. talking about the bad impact of the health care law, because of the consequences within the law so businesses, due to the uncertainty, aren't hiring. when they do hire, they are hiring part-time workers...
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he makes time for them, so why not paul ryan? >> so look, i think that these are thoroughly modern couple who are trying to balance all of these rigors of being president and family life. i think as i said earlier, i think the president is working very hard now, right, to try to be more available to the members of congress that are here in town and that they, they are clearly acknowledging, perhaps he didn't do enough of that in the first term. so he's doing it now and thinking to something that marc said. he's going to continue to communicate to the public about his views. there's going to be an outside game and an inside game. he's got to do bet well to get the things he wants done this year done. >> megyn: if he didn't spend the last four or five years with his daughter now 14 and 11 and learning how to negotiate the republicans are in a lot of trouble. they're in a lot of trouble. what could hone your skills better than negotiating with a 14-year-old. >> there you go. (laughter) >> you need to be a jujitsu expert by now in ne
he makes time for them, so why not paul ryan? >> so look, i think that these are thoroughly modern couple who are trying to balance all of these rigors of being president and family life. i think as i said earlier, i think the president is working very hard now, right, to try to be more available to the members of congress that are here in town and that they, they are clearly acknowledging, perhaps he didn't do enough of that in the first term. so he's doing it now and thinking to...
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. >> i'd love to hear what congressman paul ryan's reaction to this new pope is given the way the catholic church responded last year to his budget. that being said, and we can't have a reaction yet from him, what is the greatest challenge that this pope faces? >> i think he has two obvious challenges. one is to address publicly and forcefully the sexual abuse scandal in this country. and throughout the world, actually. but in this country specifically. >> because i come from britain where, of course, there were multiple scandals. >> and ireland. >> indeed. >> so he's got to address that publicly. something that neither of the past two popes really did. i think that's essential. i think the other essential thing from everything you read and everything that's been reported and everything that you hear from members of the clergy, he's got to get his hands around the management aspect of the vatican. the secrecy that shrouds so many aspects. >> its governance? >> its governance. the government nance of the bank. the vatican itself. it's been run by a handful of men for too many years with the
. >> i'd love to hear what congressman paul ryan's reaction to this new pope is given the way the catholic church responded last year to his budget. that being said, and we can't have a reaction yet from him, what is the greatest challenge that this pope faces? >> i think he has two obvious challenges. one is to address publicly and forcefully the sexual abuse scandal in this country. and throughout the world, actually. but in this country specifically. >> because i come from...
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we have people like paul ryan, the vice-presidential running mate, rand paul, marco rubio and a host of others and in addition to the newcomers who were eyeing the white house for 2016, folks like mitt romney and sarah palin who have run in the past who aren't necessarily planning on any kinds of runs, in the case of romney said they won't, but definitely want to share lessons learned with those who might as the conservative in cpac learn how to hold on to principles and in the last election haven't been looking at the g.o.p. >> harris: the answer to my question, is it too early? no, never too early. >> reporter: no, they're in the planning. >> harris: and what i got to say tonight, campaign carl, you tell mark lee, and tim scott spoke at cpac and they will go on the record with greta van susteren tonight at 10 p.m. eastern right here on the fox news channel. well, senator john mccain is looking back at the day he and more than 100 servicemen went free from a prisoner of war camp. he talks with fox news about that very moment. stay with us. ♪ just one bite opens a world of delight.
we have people like paul ryan, the vice-presidential running mate, rand paul, marco rubio and a host of others and in addition to the newcomers who were eyeing the white house for 2016, folks like mitt romney and sarah palin who have run in the past who aren't necessarily planning on any kinds of runs, in the case of romney said they won't, but definitely want to share lessons learned with those who might as the conservative in cpac learn how to hold on to principles and in the last election...
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reaching out to the public senators and paul ryan. we made a deal on the but with newt gingrich. the same thing needs to be done now. dagen: something really struck me. i do not mean to harp on it. the average american wakes up in the morning, you tell me how he feels or she feels that deficit with the daily impact. you kind of hurt that a little bit and what the president living in that abc news interview as well. is that a new track for the democrats. >> first, they went too far with the fears of armageddon. the democrats overplayed their hand. on the other hand, it is the case that the ordinary american is in having a better life in their parents. they are worried about reform plans. they are uncertain and they are nervous. dagen: $17 trillion debt, the average american is not having the impact on the lives. >> i am disagreeing. the democrats overplayed their hand with fear. we have tepid economic growth. we are not seeing the revitalization of the economy on main street. connell: regular people -- >> so-called great rotation into stocks from bonds has not really happened to t
reaching out to the public senators and paul ryan. we made a deal on the but with newt gingrich. the same thing needs to be done now. dagen: something really struck me. i do not mean to harp on it. the average american wakes up in the morning, you tell me how he feels or she feels that deficit with the daily impact. you kind of hurt that a little bit and what the president living in that abc news interview as well. is that a new track for the democrats. >> first, they went too far with...
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paul ryan doesn't give the president any credit for the fact that we have literally lowered our deficit during president obama. our deficit is going down at faster rate -- probably too fast, and so they don't -- they about like that didn't even happen. >> bill: every time i hear him or jay carney at the white house talk about entitlement reform, i always get nervous. >> what is that? are you talking about social insurance? earned benefits? >> bill: exactly. they are not entightments. >> right. right. thank you for pointing that out, bill. we should erase that term from our vocabulary. we're talking about earned benefits, social insurance that people pay for so when they need it they are not going to be destitute. so we should stop using the word entitlement, and start correcting people when they do it. >> bill: have you seen any minnesota any adverse effects of the sequester. >> yeah, people are already beginning to report the need to scale back, to start talking about -- you know, who is going to be laid off. we're clearly beginning to see the effects of it. and what the republicans ar
paul ryan doesn't give the president any credit for the fact that we have literally lowered our deficit during president obama. our deficit is going down at faster rate -- probably too fast, and so they don't -- they about like that didn't even happen. >> bill: every time i hear him or jay carney at the white house talk about entitlement reform, i always get nervous. >> what is that? are you talking about social insurance? earned benefits? >> bill: exactly. they are not...
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you recall during the last presidential election, mitt romney and paul ryan both told us that there were trillions of dollars of tax breaks for very wealthy people, they proposed to eliminate them as part of tax reform where they reduced the rate. we say, let's take some of that revenue to help reduce the deficit, combined with other targeted cuts. >> be more specific for me. when you talk about tax loopholes and the very wealthy. which specific loopholes and what is very wealthy? >> sure, sure, these are, when you're in the highest tax bracket, you're in the 39% tax bracket when you get a deduction, whatever it may be for, you get 39 cents worth of deduction. whereas somebody who is in the 28% tax bracket only gets 28 cents deduction for that particular deduction. so what we're saying and this is similar to a proposal the president's put forward, is that for folks who are in that very high bracket, the 39% bracket, the value of your deductions will be limited to about 28% which is what the value of deductions is for a middle income taxpayer. >> so ultimately, the budget that you have th
you recall during the last presidential election, mitt romney and paul ryan both told us that there were trillions of dollars of tax breaks for very wealthy people, they proposed to eliminate them as part of tax reform where they reduced the rate. we say, let's take some of that revenue to help reduce the deficit, combined with other targeted cuts. >> be more specific for me. when you talk about tax loopholes and the very wealthy. which specific loopholes and what is very wealthy?...
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ryan, budget plan. >> hand out more budget-busting tax breaks for the wealthy, and to pay for these wasteful tax breaks, ld -- it would end medicare guarantee, it would raise tax on middle class families. to appease the tea party, the ryan republican budget would risk recovery, and that's just a price too high. >> reporter: needless to say, republicans disagree. they believe that their budget which ultimately, they say, would balance, would provide more opportunity and more jobs for the american people, jon. jon: obviously, both sides trying to get their points out. what are the republicans saying about these budgetary matters? >> reporter: they're going after the budget that was proposed by senate budget chair patty murray. they say it increases spending, increases the debt, never balances and raises taxes. senate republican leader mitch mcconnell a few moments ago called it extreme. >> a party that once cared about hard working american families seems of to have gone off the leftmost edge of the reservation with this budget. d.c. democrats' priorities are just so far removed from
ryan, budget plan. >> hand out more budget-busting tax breaks for the wealthy, and to pay for these wasteful tax breaks, ld -- it would end medicare guarantee, it would raise tax on middle class families. to appease the tea party, the ryan republican budget would risk recovery, and that's just a price too high. >> reporter: needless to say, republicans disagree. they believe that their budget which ultimately, they say, would balance, would provide more opportunity and more jobs for...
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that topic tomorrow with curtis at noon eastern time hour of "markets now," and paul ryan says we need two brackets. that was one idea last week. we'll talk about that later on in the week. employees raiding their retirement accounts at a frightening pace right now. only one in three say they took a hardship loan from their 401(k) last year. now, according to financial finesse, lower income and younger workers say they needed the money despite the improving job market. they come with very high fees, got to pay back retirement account and keep working to do so as well. alarming figures from financial finesse. moving from 401(k)s to, staying on the tax thing, irs form 1040. how you can claim part of a billion dollars if the tax man has sitting in his escrow accounts right now. we'll talk about that. updating on what we brought to you friday, a new casino for the vegas strip. that story coming up in your west coast minute. as we go to break, the ten-year treasury, and what's happening in cypress has investors fleeing for the safety, yes, you heard me "safety," of the u.s. dollars.nouncer
that topic tomorrow with curtis at noon eastern time hour of "markets now," and paul ryan says we need two brackets. that was one idea last week. we'll talk about that later on in the week. employees raiding their retirement accounts at a frightening pace right now. only one in three say they took a hardship loan from their 401(k) last year. now, according to financial finesse, lower income and younger workers say they needed the money despite the improving job market. they come with...
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yesterday, paul ryan presented a republican plan that he claims balances the budget in ten years. he challenged the white house to do the same, but the president is not biting. >> my goal is not to chase a balanced budget just for the sake of balance. if we have controlled spending and we have a smart entitlement package, then potentially what you have is balance, but it's not balance on the backs of, you know, the poor, the elderly, students who need student loans, families who have got disabled kids. that's not the right way to balance our budget. >> ryan's budget also again called for a full repeal of president obama's health care reform. >>> so, a little honky tonk happiness for former president george h.w. bush. the 88-year-old made a cameo at the school of government and public service that bears his name at texas a&m university for what he thought would be a regular photo op. instead, he found a flash mob. ♪ >> this happened earlier this month, but the video just made its way to youtube. bush 41 was with former first lady barbara bush and granddaughter jenna bush hager, w
yesterday, paul ryan presented a republican plan that he claims balances the budget in ten years. he challenged the white house to do the same, but the president is not biting. >> my goal is not to chase a balanced budget just for the sake of balance. if we have controlled spending and we have a smart entitlement package, then potentially what you have is balance, but it's not balance on the backs of, you know, the poor, the elderly, students who need student loans, families who have got...
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just one day after the house budget committee approved paul ryan's blueprint plan which would balance the budget in a decade. patty murray released a plan which would cut annual deficits, but leave the country with a $566 billion shortfall after ten years. this while that back and forth continues on another issue, the white house tours. who exactly is to blame? the president said during an interview, it wasn't up to him. and inconsistent response from that of its press secretary, jay carney. >> you know, i have to say, this was not a decision that went up to the white house, but what the secret service explained to us was that they're going to have to furlough some folks. >> we had to cancel the tours. it's our job to cancel the tours. they can not cancel them. so because this is not a tour of the secret service building. it's a tour of the white house and the grounds. we run the tours. >> raising eyebrows is the president's comments during an interview where he said the u.s. debt, which is inching closer and closer to 17 trillion, is, quote, not an immediate crisis. republican senato
just one day after the house budget committee approved paul ryan's blueprint plan which would balance the budget in a decade. patty murray released a plan which would cut annual deficits, but leave the country with a $566 billion shortfall after ten years. this while that back and forth continues on another issue, the white house tours. who exactly is to blame? the president said during an interview, it wasn't up to him. and inconsistent response from that of its press secretary, jay carney....
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paul ryan wants two. don't think he will get that i asked him about that, what are the deductions, how is this working? here's what he had to say. >> one of the other complexities introduced on that fiscal cliff tax bill was the introduction of what we call the ps provision, which limits your overall deductions, state and local tax deductions and other deductions will be limited. so now you have to go back to your accountant and figure out, well, if i, if i do this deduction, will it be limited in some fashion? >> hence the idea, again uping charitable donations for this year, or, other issues. i mean you've got to remember you have the obamacare tax, the medicare tax. that is kicking in this year. that is affecting tax-filers this year and next. and amt. think about what amt does to people in high net worth states, new york, new jersey, connecticut, california, illinois. these are states where you have higher incomes, hence more of those middle class, middle class, firefighter in staten island with the f
paul ryan wants two. don't think he will get that i asked him about that, what are the deductions, how is this working? here's what he had to say. >> one of the other complexities introduced on that fiscal cliff tax bill was the introduction of what we call the ps provision, which limits your overall deductions, state and local tax deductions and other deductions will be limited. so now you have to go back to your accountant and figure out, well, if i, if i do this deduction, will it be...